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How Can I Remember Each Home When I’ve Seen So Many?

October 31, 2017 by lflashenburg

The key to success in buying a home is similar to the key to success in anything:  planning and organizing.  The process will take you through the four steps that will help you remember the homes you’ve seen and help you choose the best one for you.

  1. Map it out.

Step one in the planning process is to find a map of the area or town where you’re looking.  Mark  the places that are important in your decision-making process –schools, parks, grocery stores, malls, or if you commute – where the train stations are or the best way to get to get to the interstate.

Then, as you visit each home, place a mark on the map, and see how it fits in with your overall plan of location, location, location.

  1. Keep the listing sheets.

For each home you visit, the real estate consultant should give you a listing sheet.  This contains vital information about each home –the address, list price, lot size, number of bedrooms and bathrooms, and extras.

  1. Take notes.

As you walk through the house, take notes on the back of the listing sheet about memorable things.  Make sure you note the date and time you visit.  You may want to sketch out the floor plan while you’re there.

You should also take your “wish list” with you and check off the items that are “must haves” and “nice to haves.”  This will help keep you from getting distracted by a great or horrible decorating job.

  1. Take photos.

You’re always welcome to take photos of the exterior, but make sure to ask before taking any inside – not everyone wants to “share” their personal lives with others.  Taking pictures can go a long way to reminding you what a home looks like – and how it fits into the neighborhood.  It also lets you look at it later, after your first impression, when you want to look more at the details.

5.  Go Live

If your best home advisor friends or family can’t make a showing because they are out of town, ask if you can do a live video as you walk through so they can ask questions in real time. Same rules apply about asking if it’s OK to make the video connection.

What’s your favorite way of keeping track of  features you like in a home?

Filed Under: Articles Tagged With: advice, buyers, viewing homes for sale

What Are Words Really Worth?

March 15, 2016 by lflashenburg

writingWhile an amazing picture of your home will catch a Buyer’s eye, the accompanying description must be equally as powerful. The description you create can actually increase of decrease your profitability margin.

Words can be too vague, over used or have become passé and will be a disservice to the listing if used. The goal is to appeal to something specific that the Buyer can connect with. Stay away from the following:
Fantastic = too good to be true
Charming = small and often not updated
Spacious = vast or by removing some furniture the room looks bigger than it is
Great Neighborhood = everyone views a neighborhood differently, what is important to a young family may not be important to couple that is down sizing

To increase your profitability, use words that reflect Buyer’s needs and wants today. Here are some great examples that Buyers are looking for: state of the art, granite, energy efficient, gourmet, and hardwood.

A great description will not only get Buyers in the door quickly, but it will lead to a quicker seller with higher profits as you have managed to meet today’s expectations.

sourced from By Referral Only

What are some trending words in for sale listings that make you sit up and take notice?

Filed Under: Articles Tagged With: advice, showings

How To Avoid Being Beaten Out By Other Buyers Who May Be Competing For Your Dream Home…

July 28, 2015 by lflashenburg

crystalball

You’ve found your dream home, so you’ll make an acceptable offer and live happily ever after…unless another buyer beats you to the punch!

In a competitive marketplace, this can not only happen, but can potentially have a far greater impact than any negotiating gambit the seller would hurl your way. Yet, more buyers erroneously fear the seller more than they do other competing buyers!

That’s why it’s important to make sure your offer strategy includes a strong stance against other potential buyers and their offers. There are several factors that make buyer competition a threat in today’s real estate market.

It’s a sellers’ market.

First, in a competitive market with relatively few quality properties available, “dream home” category houses will become hot properties – often as soon as the for sale is planted in the yard.

Most buyers want to purchase a home that requires very little fix-up. They comment, “I want to bring in my toothbrush and immediately set up housekeeping.” And to obtain these turnkey benefits, buyers are willing to pay a premium.

That can translate into not only a full-price offer, but one that exceeds the seller’s listed price.Timing is everything.In an active market, timing is everything.

In the good old days, you might have the luxury of viewing a home several times – even dragging your relatives to see it… before you actually made an offer.

“He/she who hesitates is lost” aptly explains buyers who dally to make a buying decision today.
And don’t forget that being pre-approved for a loan has leveled the playing field for a majority of buyers. If they’re all equally qualified financially, the best offer (as interpreted by the seller) gets the property.

So, what can you do to arm yourself to the teeth with added value to capture a seller and counteract offers from other buyers?

Get Pre-Approval.

First, make sure you’re financially pre-approved by a Lender for the loan you’ll need and be prepared to document this fact to a seller if requested.

Be Honest.

Be honest with the seller about your interest in purchasing the property. This doesn’t necessarily mean that you won’t negotiate a fair purchase; but it also doesn’t mean that you’ll act nonchalant and noncommittal either. Sellers often choose one buyer’s offer over another based on the level of personal interest and commitment the buyer appears to have to the seller’s home.

Communicate.

Lastly, make sure you fully communicate the desired outcome to the real estate consultant you’re working with. The consultant will then evaluate the best tack to take in terms of price, purchase terms, and negotiating tactics to help you realize that goal.

The next time you’re inclined to wonder what evil trick the seller might be up to, better look behind you first…to see if other buyers are trying to pull the rug out from under your dream home!

Filed Under: Articles Tagged With: advice, pre-approval, seller's market, trusted real estate agent

Seven Money-Saving Secrets You Can Use When You Buy A Home…

May 6, 2015 by lflashenburg

1. Choose a low down payment loan.piggybank

There is no law that says you MUST put 20% or even 10% down. There are some loans that require as little as 3% or even zero down. This is attractive for three reasons: It’s hard to save for a large down payment, you could earn more interest on that money than you’re paying in interest on the loan, and it’s nice (and sometimes necessary) to have cash on hand after buying a home.

2. Have someone give you money to pay closing costs.

A relative, church or nonprofit organization can give you money for closing costs. Cash gifts from wedding gifts can also be used.

3. Ask the seller to pay some of your closing costs as part of your offer.

Sellers are usually allowed to contribute to a buyer’s closing costs.

4. Do not pay too much insurance at closing!

Most Lenders require 14 months hazard insurance paid at closing, so be ready. What happens to that extra money? It sits in your escrow account until you sell the house. It’s safe there, but it often earns no interest.

5. Remember, the homes that you’re looking at don’t belong to your agent.

You must be straightforward about your likes and dislikes in order for the agent to do the best job for you. Your agent should show you everything available that meets your requirements. Don’t make a decision on a house until you feel that you’ve seen enough to pick the best one. Review the Multiple Listing printout with your agent to make sure that you are getting a COMPLETE list.

6. Shop around for your home insurance.

A little shopping might help save you money.

7. You can deduct money paid for discount points from your gross income before computing your tax.

See a CPA for more information.

Filed Under: Articles Tagged With: advice, buyers, closing costs, deposit, funding, home owner insurance, save money

How to Avoid 5 of the Most Expensive Mistakes Home Buyers Make

September 18, 2012 by lflashenburg

 Mistake #1: Not knowing how much they can afford before they make an offer.
The easiest way to avoid this mistake is to get pre-approved for a mortgage by a Lender so you know in advance exactly how much you can afford. Most pre-approvals are free and it will give you a basis to  make a more informed purchasing decision when you find the house you like.

Mistake #2: Not realizing that the wrong mortgage can cost thousands of dollars in needless interest and taxes. Check with your accountant before you make your final decision on which mortgage you’re going to choose. Your CPA can tell you what the long-term effects will be on your income, your taxes, and the equity you build in your home over time. Most people aren’t aware that with a standard 30-year mortgage they’ll be paying two-and-a-half times the amount of the mortgage in payments. With some advance planning and a simple strategy, they can cut the amount of interest they pay dramatically and own their homes sooner.

Mistake #3: Not realizing in advance whom the real estate consultant represents.

Most people think that the agent they’re working with is working for them. But unless they’re working as your buyer representative, they represent the seller.  There are different types of agency relationships you can have with a Realtor, so make sure you’re clear on your options.

Mistake #4: Not discovering hidden defects before they buy a home.

One of the most expensive mistakes is also one of the easiest to avoid, by having a professional pre-purchase home inspection.  Don’t get stuck with a money pit. The cost of a professional home inspection is usually a few hundred dollars, but the peace of mind it can give you and the expense you can avoid are worth thousands of dollars.

Mistake #5: Not knowing how much their credit can affect their ability to buy or refinance a home.

Before you buy a home, many of the clouds on your credit history can be cleared up or even eliminated. Your mortgage professional can help you review and prepare your credit file in advance.

an exerpt from by referral only

What help do you need to get our home buying process started?

Filed Under: Articles Tagged With: advice, Boston home buyer, cost of home buying, economy, finance, first time home buyer, home inspections

A Modern Day Mystery in the Making

August 27, 2012 by lflashenburg

Sometimes what seems to be a simple real estate request can unfold into an ongoing mystery.

Last month a client came into our office searching for a property in Canton to establish a business on Route 138. All the   visible and listed properties were approached, but none were the right size or the right price range. So I did a little homework to see who owned any other locations that either had not been built up or had no active business located there. First, several of us made inquiries local land owners that might have some potential property deals up their sleeve, but no dice.

The next approach was with the town assessor’s department to see who owned what. In Canton the properties are not listed numerically in order by address on an easy access website. This meant a trip to the assessing department where I was graciously helped to look up each section of the map of Canton listing parcels on Rt. 138  to determine what properties were potentially available. Now came a little letter writing to the owners to see if anyone was interested in selling. While it was a shot in the dark, one owner did get back to me, and there is a potential for some build out. However, the property that my client really was interested in seemed to have some back taxes owed on it, and the letter came back addressee unknown.

I visited the adjacent businesses to get some background on what appeared to be an abandoned property and got the low down that the owner had passed away years ago. I also heard there might be a chemical spill on the property. I got in touch with the tax collector, and taxes are owed all the way back into the 1980’s plus there had been some testing done on the property for an oil or gas spill. The town was in the process to begin a tax taking on the property, but wasn’t sure who owned it. The town did give me the last known owner, which was the address that had come back to me. They are also in the process of doing a title search to see who currently owns it, but seem stalled as to who is the owner.

Meanwhile, I tried to see if a will was probated with the local probate court, but have not had success. Our office did locate someone with the same name who used to live in Canton but now lives out of state [and is the wrong age], and I have written him a letter to see if he can help. I have had no response as of yet. I also found information on the chemical testing through the state which referenced another name as a possible owner-although this has led to another dead end. . At this point, I am still hot on the trail for the owner.

So you can see, here at Legal Edge, we really do use all types of resources to get our clients what they are looking for. You should also never be afraid to ask about a property that might seem unavailable, because someone just might be willing to sell.

What would you do next to track the owner down?

 

Filed Under: Articles Tagged With: advice, Canton real estate, commercial real estate, education, investment property, mystery, research owner

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Recent Posts

  • Make Your Home Senior Friendly
  • How Can I Remember Each Home When I’ve Seen So Many?
  • What Will The Future Hold For Senior Living?
  • International Travel Protection Tips
  • Spend A Little, Get A Lot #4
  • Get The Home YOU Want! Just What Is It You Want?
  • Booking Travel
  • You’re Showing Your House In A Minute- Where Do I Stash The Stuff?
  • Spend A Little, Get A Lot #3

What our clients say…

All moved in (to Florida)...we are home! Thank you for everything!!
JG, Malden, Sale
Lisa, Thanks for all your help in getting the Mansfield home sold
CL, Mansfield, Sale
Thank you Legal Edge Real Estate, and our agent Violeta Koleva in particular, for helping us throughout the long process of looking, bidding and buying the house we wanted. Your professional guidance, responsibility and patience made our experience of finding our new home positive and less stressful.
KR, Lexington, Purchase
Lisa is a trusted, hardworking lady who strives for perfection & thrives on great deals. She is pleasant, easy to talk to & can be approached with any problem. Her office is affiliated with a law office & can have unexpected problems answered immediately. How do I know this? I gave her my mother's house to sell & she did a magnificent job for me! I highly recommend her for residential or commercial real estate.
NM, Stoughton, Sale
Our family worked with Legal Edge Real Estate to buy our townhouse in Braintree, MA. This was our first time buying property in the US and the Legal Edge team, together with Mortgage Master made the process really easy. The teams made sure we are well informed while allowing us to make our own decisions every step of the way. The sale became very complicated due to incomplete paperwork and hard to obtain information from the sellers. On a couple of occasions the whole deal was on the verge of falling apart because the house did not originally qualify for traditional financing. Legal Edge was able to work with the town of Braintree and the condominium association to make the impossible happen. Thanks to the incredible professionalism and perseverance of the team we were able to buy our dream home! The most impressive part was that the entire team of Legal Edge Real Estate made us feel like we are their top priority, like we are part of their family. They took every call we made to them even those at very late night and odd hours. Their responses were always fast and they kept communication flowing on an hourly basis at times. They provided us with priceless guidance. We could not be more impressed with the team’s abilities and highly recommend their services! The professionalism, market knowledge and communication skills were top notch. Legal Edge Real Estate will truly go miles to make things happen for their clients. THANK YOU, Legal Edge Real Estate!
MP, Braintree, Purchase
My husband and I wanted to move to Reading, MA to become a part of a wonderful community and to be able to place our children in a great school system. A friend introduced me to Stacy Mazzarella with Legal Edge Real Estate who lived in Reading and was very familiar with the housing market there. We cannot speak highly enough of Stacy and our experience with her as a realtor and as a friend. From beginning to end, we trusted Stacy and she never once let us down. Stacy went above and beyond for us and our family day after day and provided us with endless knowledge of so many different topics that came up during the buying process. We would recommend Stacy to others in a heartbeat and I know she is now more than a realtor, but has become a friend, something you can’t always find in a realtor!
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GC, Reading, Purchase
I just wanted to thank you both for all the hard work that you've done over the past 4 months in order to make this happen. Lisa, your price research and negotiating skills were superb!! Your office will be highly recommended by me to anybody that needs this kind of service.Thank You Again!!!
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OB, Marblehead, Purchase
…I thank you … for handling everything so professionally and thoughtfully.  If I get the opportunity, I'll recommend you to others.
BR, Canton, Sale
…Your creativeness and persistence sold my Needham condo much faster than I ever thought possible and for the exact amount I desired. It went so smooth I was scratching my head and wondering how it happened.
CB, Needham, Sale
…We were really touched by your attention. Our new home would have not happened without you, your patience and advice throughout the process. We can’t thank you enough.
MY, Brookline, Purchase
When I called Lisa, I was frustrated. I had been trying unsuccessfully to sell my condo in Stoughton for several months .Lisa came over and gave me some honest feedback about how the condo appeared to buyers. With a little girl in a small condo, it can get pretty cluttered. We packed up most of the toys- and Lisa sold our condo for $10,000 above the average market price. Amazing!
OY, Stoughton, Sale

The Legal Edge Difference

Friends for Life. We form long term relationships when buying or selling your home. Our agents strive to know your needs and desires so well, we become like one of the family.

The Team Approach. There is always someone to accompany you to a showing or personally sell the best features of your home. We don’t believe in unaccompanied showings using lock boxes.

Keep Your Money in Your Pocket. We save you money. We give you back $500 for each completed sale that you can use any way you want! *

Leave Your Legal Headaches Behind. By providing you with all the tools you need for a purchase or sale, we create seamless transactions by taking the stress and aggravation out of the process, leaving you free to focus on other things.

Comprehensive Home Services. For Buyers, we review in detail what’s most important for your new purchase, and guide you through all aspects of home ownership, from getting the mortgage through signing on the dotted line and moving in. For Sellers, we give your home the attention it deserves: proper photography highlighting the best features, comprehensive multiple listing service listings with lots of detail to feature your home the best way possible, all while helping you set the stage using décor tips for your home’s grand debut and ultimate quick sale.

We will provide a $500.00 credit at closing  for residential real estate transactions with a minimum of 2% commission paid to Legal Edge Real Estate, Inc., and a minimum purchase price of $150,000.00, but only if the closing takes place and commission is paid to Legal Edge Real Estate, Inc., in accordance with our minimum criteria.

 
 

Articles

Make Your Home Senior Friendly

Here a few ways to make your home safer for all family members- always important, but even more so during the holidays when your Senior friends and family may be visiting. Shed some light- make sure all bulbs are working and put up lights on pathways and stairs No falling zones- fix any uneven surfaces […]

How Can I Remember Each Home When I’ve Seen So Many?

The key to success in buying a home is similar to the key to success in anything:  planning and organizing.  The process will take you through the four steps that will help you remember the homes you’ve seen and help you choose the best one for you. Map it out. Step one in the planning […]

What Will The Future Hold For Senior Living?

Although it’s impossible to predict the future, as baby boomers have begun to retire we’ve already seen shifts in senior living communities. These communities, which have health-care covered, are now moving their focus to providing a lifestyle that promotes physical, mental and spiritual health while also meeting the high expectations of their baby boomer residents. […]

International Travel Protection Tips

Here are some tips to keep your well deserved travel time safe. Clean your wallet- only take necessary documents with you. Use your license as an ID at local stops instead of your passport. Place your mail on hold. Have someone keep an eye on your home. Set up automatic timers with lights that turn […]

Spend A Little, Get A Lot #4

Here are some tips to stretch your dollar when preparing your home for sale. Improve safety by ensuring that windows and doors can’t slam shut; fixing loose handrail on porches, decks, and stairways; and removing dangerous tools, sharp objects and hazardous materials from the garage. Rent a bank safe deposit box to store cash and […]

Get The Home YOU Want! Just What Is It You Want?

When building or buying a home, it helps to decide just exactly what you NEED and what you WANT.  Once you have a price in mind, THEN start looking.  If you do it the other way around, you’ll fall in love with a home that you can’t afford and none in your price range will […]

Booking Travel

Fairly soon, I will be taking a trip with my Mom to Scandinavia. While we easily booked the cruise portion, as she is a devoted fan of a particular cruise line, she had asked me to work on booking the flights and hotels for the before and after part of the cruise (which I was […]

You’re Showing Your House In A Minute- Where Do I Stash The Stuff?

Since we all know that the first impression is important, especially if you want to sell your home in the next decade, we have a few tips that will help you quickly hide away “stuff.”  But first, you have to know where the buyers are going to look, and ensure that these places are constantly […]

Spend A Little, Get A Lot #3

Opt for neutral paint and carpets but add splashes of color with area rugs, napkins, flowers, pillows, curtains, drapes and towels. Make the fireplace a focal point – polish your fireplace tools and arrange logs in the fireplace.  On cold days, light a welcoming fire. Selling a vacant house?  Consider renting a few pieces of […]

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